Strategic acquisition in line with consolidation trend in retail sector
Deal Flash
The acquisition of Canada’s Best Store Fixtures (CBSF) has been successfully completed by LSI Industries to expand its capabilities, geographic reach and market presence, particularly in Canada. CBSF’s expertise and customer relationships complement LSI’s portfolio, creating opportunities for cross-selling and supporting growth in the grocery, quick service restaurant (QSR) and specialty retail sectors.
CBSF specializes in designing, manufacturing and installing custom retail environments. The company offers a comprehensive range of services, including fixture production, millwork, metal fabrication and project management, catering to major retailers across Canada. Known for delivering high-quality, tailored solutions that enhance brand experience and optimize store functionality, CBSF has earned a strong reputation. With a skilled workforce and state-of-the-art manufacturing capabilities, it has become a trusted partner for national retail chains, grocery stores and convenience stores.
Oaklins provided invaluable guidance and support throughout the entire transaction process, which resulted in us finding the ideal partner in LSI Industries. Their hands-on approach and commitment to achieving the best outcome ensured a seamless transaction that positions Canada’s Best Store Fixtures for continued growth. We greatly appreciate their professionalism and dedication.BUD MORRIS AND LUISA LOFFREDA, CO-FOUNDERS, CANADA’S BEST STORE FIXTURES
Oaklins was instrumental in facilitating this deal
Oaklins’ team in Canada was retained by the shareholders of CBSF to sell their business through an extensive canvassing of the North American market. The team acted as the sole sell-side financial advisor for this transaction.
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